To analyse, evaluate and conclude on the assurance engagement and other audit and assurance issues in the context of best practice and current developments.
Regulatory Environment: International regulatory frameworks for audit
and assurance services; Money laundering; Laws and regulations
Professional and Ethical Considerations: Code of Ethics and Conduct;
Fraud and error; Professional liability
Practice Management: Quality control; Advertising, publicity, obtaining
professional work and fees; Tendering; Professional appointments
Other assignments: Audit-related and assurance services; Prospective
financial information; Forensic audits; Internal audit; Outsourcing;
Auditing aspects of insolvency (and similar procedures)
Audit of historical financial information- The audit of historical financial
information
including Planning, materiality and assessing the risk of misstatement,
Evidence & Evaluation and review; Group audits
Current Issues and Developments: Professional and ethical; Transnational
audits; The audit of social , environmental and integrated reporting
Study material of ACCA
Contemporary Auditing: Kamal Gupta(Tata Mc-Graw Hill) Auditing: Principle and Practice, S.D Sharma(Taxmann)
Auditing Principles and Problems: T.R Sharma (Sahitya Bhawan Agra) Practical Auditing: Spicer& Pegler
Students Guide to Auditing: Aruna Jha(Taxmann)
Auditing: Jain, Khandelwal, Pareek(Ramesh Book Depot)
Fundamental of Auditing: Gupta & Arora(Tata Mc Graw Hill)
Auditing Theory & Practice: A.K Singh ( Galgotia Publishing Company New Delhi)
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/advanced-audit-assurance
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2015-2016